In the upcoming Ethereum ETF approval process, we will focus on the latest developments of Ethereum ETF.

SEC Chairman Gary Ganser recently made a positive comment on the listing process of Ethereum spot ETF. He believes that the process will be very smooth and will not encounter any problems. However, the only obstacle at present is that the brokerage has not yet submitted the final version, which has caused the exact listing date of Ethereum ETF to remain undecided.

Although it has been predicted that the Ethereum ETF may be listed before July 4 (that is, the US Independence Day), as of June 27, the market has not received any official news. This makes the listing time of Ethereum ETF an unknown number, which has triggered widespread speculation and expectations in the market.

Some people believe that once the Ethereum ETF is listed, it may have a positive impact on the trend of Ethereum and even the entire altcoin market. Given that the Bitcoin spot ETF was listed only half a year ago, and the unexpected approval and upcoming listing of the Ethereum ETF, the market is full of expectations and speculation. As for the Ethereum spot ETF after its listing, what will its market demand be like? It is something that is worth everyone's attention. $ETH

Another thing to note is that there is also a problem with the supply of Ethereum. Over the past 73 days, the inflow of Ethereum has been greater than the outflow, which is in stark contrast to the situation in the past few years when the newly generated Ethereum tokens were less than the burned tokens. This change means that the number of Ethereum circulating in the market is gradually increasing, that is, Ethereum has experienced inflation.

The main reason for this phenomenon is that the transaction volume of Ethereum has dropped significantly in recent times, thereby reducing the amount of Ethereum burned. As a result, Ethereum has actually become an inflationary asset under the condition of low transaction demand and transaction volume.

At the same time, although this situation has lasted for 73 days, there has been relatively little discussion about it in the market, which is in contrast to the previous hype when Ethereum was inflated. In theory, this should be big news. It does feel a bit wrong that this situation has lasted for so long without causing enough discussion. #以太坊 #通胀 #SEC #ETHETF

If you know the reason, please leave your opinion in the comment section!